Connecting...

Job

linkedin

Senior Financial Control and Reporting Accountant

Job Title: Senior Financial Control and Reporting Accountant
Contract Type: Permanent
Location: North West England
Industry:
Salary: £40000 - £50000 per annum + Bonus, Healthcare, Pension
Reference: JN -042021-2555449_1617902728
Contact Name: George Wearden
Contact Email: jobboardemailhandler@nncuy8uwmpalji8ge51zsg7ul7a1gw6e351drxtzl70durpon.1t-u30leaq.um5.apex.salesforce.com
Job Published: April 08, 2021 18:25

Job Description

Establishing a best practice financial control environment within a regulated environment. Monitoring the effectiveness of financial controls. Production of financial accounting & reporting for the relevant division's reporting entities with the responsibility for ensuring balances are accurate and fully reconciled in a timely manner.

Client Details

The organisation are within the Insurance industry and have multiple businesses in North West England.

Description

The key responsibilities include;

  • Support the integrity of the financial control environment including assessing the effectiveness of accounting systems, controls, records and monitoring mechanisms
  • Report regularly on the status of financial controls on the risk management system (Decision Focus Next)
  • Identify control failings, weaknesses, breaches, near misses, errors and omissions.
  • Undertake change activity to establish improved controls and processes and influence non-Finance areas to adopt best practice
  • Ensure compliance with relevant Business Standards and Policies for areas of responsibility
  • Close identified Senior Manager & Certification Regime (SMCR) gaps against Business standards
  • Maintain the SMCR overview of controls to ensure adherence with relevant standards and identify future gaps
  • Establish credit write back processes in line with Group policy
  • Reduce the levels of unallocated cash balances and similar balances
  • Ensure adherence with Group accounting policies
  • Lead role in handling the relationship with the external auditors
  • Review monthly financial results, balance sheet reconciliations, insurer bordereaux and cash flow forecasts
  • Process improvement and streamlining of monthly tasks
  • Ensure all financial reporting is compliant with the relevant accounting standards
  • Completion of Financial sections of the RMAR returns
  • Deputise for Head of Financial Control as required

Profile

The successful Senior Financial Control and Reporting Accountant will receive;

  • Qualified accountant (ACA / ACCA / CIMA) or qualified by experience
  • Experience of handling ambiguous circumstances in a changing environment
  • Demonstrable experience of influencing at all levels and achieving positive outcomes
  • Highly numerate and comfortable with complex financial scenarios
  • Ability to present financial complex issues to non-Finance users.
  • Track record of continuous development & improvement
  • Comfortable with complex financial modelling
  • Independent and self-motivated
  • Experience of working in a financial control environment
  • Ability to operate independently to drive forward activity and deliver positive outcomes
  • Working in a deadline driven environment
  • Good level of PC Skills, particularly Microsoft Office applications (Excel, Word and PowerPoint)

Job Offer

The Senior Financial Control and Reporting Accountant will receive;

  • Competitive salary of £40,000-50,000 depending on experience,
  • Excellent benefits package including discretionary bonus,
  • Supportive working environment,
  • Progressive business,
  • Remote working available on a permanent basis